<div id="readability-page-1"><p>Federated Hermes Inc. decreased its position in  Emerson Electric Co. (NYSE:EMR - Free Report) by 14.7% during the 2nd quarter, according to its most recent disclosure with the SEC. The fund owned 147,622 shares of the industrial products company's stock after selling 25,499 shares during the period. Federated Hermes Inc.'s holdings in Emerson Electric were worth $19,682,000 as of its most recent SEC filing.</p><div><p><span></span><span>Get <strong>Emerson Electric</strong> alerts:</span></p></div><ul><li>Don't Miss Out on These Top 3 Stocks for a September to Remember</li></ul><p>A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Brighton Jones LLC raised its stake in shares of  Emerson Electric by 74.1% during the fourth quarter. Brighton Jones LLC now owns 11,392 shares of the industrial products company's stock valued at $1,412,000 after acquiring an additional 4,850 shares during the last quarter.  Townsquare Capital LLC raised its position in  Emerson Electric by 54.3% during the 1st quarter. Townsquare Capital LLC now owns 24,666 shares of the industrial products company's stock valued at $2,704,000 after purchasing an additional 8,676 shares during the last quarter.  AIA Group Ltd lifted its holdings in  Emerson Electric by 120.6% in the 1st quarter. AIA Group Ltd now owns 5,451 shares of the industrial products company's stock worth $598,000 after buying an additional 2,980 shares during the period.  Public Sector Pension Investment Board grew its position in shares of  Emerson Electric by 6.9% in the 1st quarter. Public Sector Pension Investment Board now owns 76,002 shares of the industrial products company's stock worth $8,333,000 after buying an additional 4,874 shares during the last quarter.  Finally, HighTower Advisors LLC increased its stake in shares of  Emerson Electric by 1.6% during the first quarter. HighTower Advisors LLC now owns 716,343 shares of the industrial products company's stock valued at $78,540,000 after buying an additional 11,097 shares during the period. 74.30% of the stock is currently owned by institutional investors. </p><h2>Analysts Set New Price Targets</h2><p>EMR has been the topic of several recent analyst reports. Royal Bank Of Canada cut their price target on shares of Emerson Electric from $155.00 to $153.00 and set an &#34;outperform&#34; rating on the stock in a report on Thursday, November 6th. Jefferies Financial Group cut their target price on shares of Emerson Electric from $155.00 to $145.00 and set a &#34;buy&#34; rating on the stock in a research note on Friday, November 21st. Weiss Ratings  reissued a &#34;buy (b-)&#34; rating on shares of Emerson Electric in a research note on Wednesday, October 8th. Daiwa Capital Markets lifted their price objective on Emerson Electric from $150.00 to $153.00 and gave the company an &#34;outperform&#34; rating in a research report on Wednesday, September 24th. Finally, JPMorgan Chase &amp; Co. decreased their target price on Emerson Electric from $151.00 to $150.00 and set a &#34;neutral&#34; rating for the company in a research report on Monday, November 10th. Two investment analysts have rated the stock with a Strong Buy rating, nine have issued  a Buy rating, five have given a Hold rating and one  has given a Sell rating to the company's stock. According to data from MarketBeat, the company  has a consensus rating of &#34;Moderate Buy&#34; and a consensus price target of $147.67.</p><ul><li>American Superconductor's Earnings Surge, Future Growth Expected</li></ul><p><b>Check Out Our Latest Report on EMR</b></p><h2>Emerson Electric Price Performance</h2><p>Shares of NYSE EMR opened at $135.33 on Wednesday. The company has a 50 day simple moving average of $131.92 and a two-hundred day simple moving average of $132.79. Emerson Electric Co. has a fifty-two week low of $90.06 and a fifty-two week high of $150.27. The company has a market capitalization of $76.10 billion, a price-to-earnings ratio of 33.50, a P/E/G ratio of 2.22 and a beta of 1.26. The company has a debt-to-equity ratio of 0.41, a quick ratio of 0.65 and a current ratio of 0.88. </p><ul><li>Miso Robotics stock: Is an IPO coming soon?</li></ul><p>Emerson Electric (NYSE:EMR - Get Free Report) last posted its quarterly earnings results on Thursday, April 6th. The industrial products company reported $0.79 earnings per share for the quarter. The company had revenue of $3.16 billion for the quarter. Emerson Electric had a return on equity of 15.87% and a net margin of 12.73%. Analysts expect that  Emerson Electric Co. will post 5.96 EPS for the current fiscal year. </p><h2>Emerson Electric Increases Dividend</h2><p>The business also recently declared a quarterly dividend, which will be paid on Wednesday, December 10th. Stockholders of record on Friday, November 14th will be given a $0.555 dividend. The ex-dividend date of this dividend is Friday, November 14th. This represents a $2.22 annualized dividend and a dividend yield of 1.6%. This is a boost from Emerson Electric's previous quarterly dividend of $0.53. Emerson Electric's payout ratio is presently 54.95%. </p><p>Emerson Electric announced that its board has approved a share buyback plan on Wednesday, November 5th that permits the company to buyback $0.00 in  outstanding  shares. This buyback authorization permits the industrial products company to reacquire shares of its stock through open market purchases. Stock  buyback plans are typically an indication that the company's leadership believes its stock is undervalued. </p><h2>Insider Buying and Selling</h2><p>In related news, CEO Surendralal Lanca Karsanbhai sold 7,263 shares of the stock in a transaction dated Wednesday, December 3rd. The shares were sold at an average price of $133.00, for a total transaction of $965,979.00. Following the sale, the chief executive officer directly owned 196,292 shares of the company's stock, valued at approximately $26,106,836. This represents a 3.57% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Company insiders own  0.50% of the company's stock. </p><h2>About Emerson Electric</h2> (Free Report)<p>Emerson Electric Co, a technology and software company, provides various solutions for customers in industrial, commercial, and consumer markets in the Americas, Asia, the Middle East, Africa, and Europe. It operates in six segments: Final Control, Control Systems &amp; Software, Measurement &amp; Analytical, AspenTech, Discrete Automation, and Safety &amp; Productivity.</p><h2>Featured Stories</h2><ul><li>Five stocks we like better than Emerson Electric</li><li>Are Penny Stocks a Good Fit for Your Portfolio?</li><li>Consumers Got Coal, But Santa Dropped Off Big Gains for These 2 Retailers</li><li>The 3 Best Fintech Stocks to Buy Now</li><li>10X Gains? These 3 Robotics Stocks Could Explode by 2035</li><li>The Significance of a Trillion-Dollar Market Cap Goes Beyond a Number</li><li>Anheuser-Busch Buys BeatBox to Win Over Younger Drinkers</li></ul><p><strong>Want to see what other hedge funds are holding EMR?</strong> Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Emerson Electric Co. (NYSE:EMR - Free Report).</p><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPUVNUg?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="650" height="350" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPUVNUg"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in Emerson Electric Right Now?</h2><p>Before you consider Emerson Electric, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Emerson Electric wasn't on the list.</p><p>While Emerson Electric currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

<p>Federated Hermes Inc. reduced its stake in Emerson Electric Co. by 14.7% in Q2, selling 25,499 shares. The fund now holds 147,622 shares worth $19.68 million. Other institutional investors also adjusted their positions in Emerson Electric. Analysts have set new price targets for the stock, with a consensus rating of 'Moderate Buy' and a price target of $147.67. Emerson Electric's stock opened at $135.33, with a market cap of $76.10 billion. The company recently declared a quarterly dividend of $0.555, payable on December 10th.</p>

Federated Hermes Inc. Sells 25,499 Shares of Emerson Electric Co. $EMR